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renewal increase in premium

  • 05-01-2017 12:47pm
    #1
    galycos
    Registered Users, Registered Users 2 Posts: 35 ✭


    We received a letter as our car insurance is up for renewal.
    We were paying 850 and now Liberty is asking for 1400.
    We had no claims whatsoever. 
    Can someone look into our policy and verify why is this?


Comments

  • #2
    Liberty Insurance: Lisa K
    Company Representative Posts: 112 Verified rep ✭Liberty Insurance: Lisa K


    Hi galycos, could you PM me your policy number so I can review this please. Thanks Lisa


  • #3
    1hnr79jr65
    Registered Users, Registered Users 2 Posts: 916 ✭✭✭1hnr79jr65


    You will get a generic response saying that because of the increase of fraudulant claims, market rates and so on thats the reason for increase.

    Every insurance company gives this same line of bs, the real costs are the fact that insurance companies are settling without challenging most cases in court for extremely high costs.


  • #4
    CarrickMcJoe
    Registered Users, Registered Users 2 Posts: 3,379 ✭✭✭CarrickMcJoe


    Sour Lemonz wrote: »
    You will get a generic response saying that because of the increase of fraudulant claims, market rates and so on thats the reason for increase.

    Every insurance company gives this same line of bs, the real costs are the fact that insurance companies are settling without challenging most cases in court for extremely high costs.

    You're forgetting the one where the car is 10 years old and is due to cause an accident!


  • #5
    WestWicklow1
    Registered Users, Registered Users 2 Posts: 1,225 ✭✭✭WestWicklow1


    galycos wrote: »
    We received a letter as our car insurance is up for renewal.
    We were paying 850 and now Liberty is asking for 1400.
    We had no claims whatsoever. 
    Can someone look into our policy and verify why is this?
    galycos, what was the outcome of this?


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